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Current as of January 01, 2024 | Updated by Findlaw Staff
A credit union organized under the laws of this state may convert to a credit union under the laws of another state:
(1) on an affirmative vote by a majority of the members voting at a meeting called for that purpose; and
(2) by complying with any applicable commission rule.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 122.202. Conversion of State Credit Union to Out-of-State Credit Union - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-122-202/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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